• Top Stock Brokers in India ‐ Reviews, Comparison and Offers

Groww is a discount broker and offers a fixed rate brokerage to its customers. The maximum brokerage charged by the stockbroker is ₹20 per order and the lowest brokerage charged is 0.05% of the transaction value.

Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer
Groww Account Opening & AMC Charges

Groww charges ₹0 (Free) for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹0 (Free) are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Groww to maintain your account.

Name Details
Trading Account Opening Fee ₹0 (Free)
Demat Account Opening Fee ₹0 (Free)
Demat Account AMC ₹0 (Free)
Trading Account AMC ₹0 (Free)
Groww Brokerage Charges

Please find below Groww Brokerage charges in their basic Plan. Groww provides delivery trade at Rs.20 per executed order or 0.05% of order value, Intraday Trade at Rs.20 per executed order or 0.05% of order value, Equity Future Trade at Trade Not Available, and Equity Option Trade at Trade Not Available.

Plan Name Basic Plan
Equity Delivery Rs.20 per executed order or 0.05% of order value
Equity Intraday Rs.20 per executed order or 0.05% of order value
Equity Future Trade Not Available
Equity Options Trade Not Available
Currency Futures Trade Not Available
Currency Options Trade Not Available
Monthly Fee NA
Margin Trading NA
Commodity Futures Trade Not Available
Commodity Options Trade Not Available
Groww Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Groww Transaction charges are as per the below table:

Name Details
Equity Delivery NSE ₹325 per Cr | BSE ₹300 per Cr
Equity Intraday NSE ₹325 per Cr | BSE ₹300 per Cr
Equity Future * NA
Equity Options * NA
Currency Futures * NA
Currency Options NA
Commodity NA
Groww Other Charges

A lot of other Charges are getting levied other than brokerage by Groww like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage ₹20 or 0.05% per executed order
Call & Trade NA
Stamp Duty * Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%
DP Charges (on sell side) ₹8 + ₹5.50 (CDSL Charges) per ISIN
Other Miscellaneous Charges Physical Contract Note:₹20+Courier; ₹50Auto square
Groww Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Groww demat account charges 2020.

Name Details
Depository Service Provider CDSL
Account Opening Fee ₹0 (Free)
Advance Deposit NIL
AMC ₹0 (Free)
Dematerialisation Charges ₹150 per certificate + courier charges
Rematerialisation Charges ₹150 per certificate + courier charges
Transaction Charges (Credit) NA
Transaction Charges (debit) ₹8 + ₹5.50 (CDSL Charges) per ISIN
Pledge Creation Charges ₹20 + ₹12 per request (CDSL Charges))
Pledge Creation Confirmation Charges ₹20 + ₹12 per request (CDSL Charges))
Pledge Invocation Charges ₹20
Failed Instruction Charges ₹50 per ISIN
Other Charges KYC Modification Request : ₹50
Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer

Groww User Reviews

Post New Message
0  Comments